Brisbane-based developer <a href="https://www.apartments.com.au/developers/red-co">Red &amp; Co</a> has made a striking debut on the Gold Coast, officially unveiling its $250 million COMO development in Varsity Lakes, a lifestyle-driven residential project anchored by an extensive rooftop wellness and activity precinct.

Having recently launched to market, construction has already been fast-tracked by <a href="https://www.apartments.com.au/builders/5point-projects">5Point Projects</a>, ensuring momentum continues on what is set to become a landmark residential address for the growing Varsity Lakes community.

Located at 22 Lake Street, Varsity Lakes, <a href="https://www.apartments.com.au/new-apartments/como-varsity-lakes-22-lake-street-varsity-lakes-qld-4227">COMO</a> will comprise 156 apartments across 16 levels, comprising one-, two- and three-bedroom residences designed for modern living. However, it is the project’s rooftop amenity offering that sets COMO apart.

[smartcode_project:default project_id=135546 project_image_fid=363510]

Designed as a dedicated wellness and recreation hub, the rooftop will feature a 25-metre lap pool, fully equipped gymnasium, and multiple pickleball and paddleball courts - amenities rarely seen in boutique apartment projects.

Residents will also have access to a sauna and plunge baths, while landscaped gardens and relaxation zones will provide tranquil spaces overlooking sweeping panoramic views across the Gold Coast skyline.

The rooftop precinct has been designed to function as the social and wellness heart of the development, encouraging residents to embrace an active, balanced lifestyle within their own building.

&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363512]

Red &amp; Co director David Laverty said the amenity offering was central to the project’s design from the outset.

“Amenities were at the forefront of our decisions,” Laverty said.

“Buyers today are looking for more than just an apartment - they want a lifestyle that promotes health, connection and balance.

“The rooftop at COMO has been designed to be the epicentre of that lifestyle, with a suite of wellness and recreation facilities that are quite unique for a boutique development of this scale.”

&nbsp;

[smartcode_project:default project_id=135546 project_image_fid=363514]

Designed by <a href="https://www.apartments.com.au/architects/bda-architecture">BDA Architecture</a>, the residences prioritise liveability, featuring spacious layouts, 2.7-metre ceilings and high-quality finishes throughout.

The development sits beside Bond University, placing residents within walking distance of education, retail and dining options within the vibrant Varsity Lakes precinct, including Robina Town Centre, Varsity Lakes Train Station and a range of leading schools.

[smartcode_project:default project_id=135546 project_image_fid=363511]

Laverty said the location was a key driver behind Red &amp; Co’s decision to bring the project to the Gold Coast.

“<a href="https://www.apartments.com.au/developments/varsity-lakes-qld-4227">Varsity Lakes</a> was a clear choice for us to invest in as it’s a lifestyle hub that seamlessly blends lakeside living with urbanity,” he said.&nbsp;

“Como will capitalize on this great location, delivering a project that not only creates premium homes, but a lifestyle defined by community, wellbeing, and connectivity.”

Red &amp; Co has delivered more than 500 apartments and townhouses across 26 projects in Brisbane in recent years, with COMO marking the company’s first major Gold Coast development.

[smartcode_project_cta:default project_id=135546]

Joel Robinson

Red & Co unveils amenity-rich Como development in Varsity Lakes

Gold Coast developer&nbsp;<a href="https://www.apartments.com.au/developers/big-projects">Big Projects</a> has secured approval for its second Mermaid Beach project.

The developer, currently selling <a href="https://www.apartments.com.au/new-apartments/the-frederick-mermaid-beach-2265-gold-coast-highway-mermaid-beach-qld-4218">The Frederick in Nobby Beach</a>, has secured approval for its next project just 1.5 kilomnetres up the road.

The new development, dubbed&nbsp;<a href="https://www.apartments.com.au/new-apartments/glenelg-residences-2462-2472-gold-coast-highway-mermaid-beach-qld-4218">Glenelg Residences</a>, has been designed by BDA Architecture and&nbsp;will have just under 100 apartments across an 11-storey building&nbsp;at 2462–2472 Gold Coast Highway, on the corner of Glenelg Avenue just under 300m from the future Mermaid Beach Light Rail stop.

The apartments, a mix of two- and three-bedrooms, will sit above a retail-focused ground plane and under extensive rooftop resident amenities.

<img alt="Exclusive: Big Projects plot Mermaid Beach apartment development, Glenelg Residences" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/f_auto,c_limit,w_1440,q_75/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/field/image/Screen%20Shot%202024-06-11%20at%209.55.04%20am.png?VersionId=z6NV4izeuvhBSSVlY6vK6TPO1LxrFeaG" />

BDA said in its planning submission that the project is intended to support the area’s transition toward higher-density, mixed-use living. “This project offers the opportunity to generate appropriate higher-intensity development within the future Light Rail corridor of <a href="https://www.apartments.com.au/developments/mermaid-beach-qld-4218">Mermaid Beach</a>,” the submission noted.

At ground level, Glenelg Residences will include eight retail tenancies designed to activate the street frontage, complemented by a basement bar offering an additional hospitality element. Above, residents will have access to a rooftop amenity deck featuring an infinity pool, hot and cold plunge spas, day beds, and barbecue facilities.

The architectural approach adopts a restrained material palette of brick, textured concrete, and integrated landscaping, with cantilevered concrete frames and cascading planting intended to soften the built form. BDA described the design as aiming to create “a memorable sculptural mid-rise mixed-use building” that responds to both its coastal setting and urban context.

<img alt="Exclusive: Big Projects plot Mermaid Beach apartment development, Glenelg Residences" data-entity-type="" data-entity-uuid="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,dpr_2.0,q_auto:good/https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-06-11%20at%209.55.45%20am.png?VersionId=cpjIVBqcT_sujmo2UMWkVyLcQ7WGJHaQ" />

The approval comes as the City of Gold Coast continues to plan for significant population growth, with regional targets requiring more than 100,000 new high-density dwellings by 2046.

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Big Projects, led by Matthew and John Barrett, is part of a growing cohort of developers that deliver construction in-house, providing a high level of confidence to prospective purchasers.
</section>

[smartcode_project_cta:default project_id=150260]

Big Projects secures approval for Glenelg Residences in Mermaid Beach

Sherpa Group is ramping up its investment in the southern Gold Coast by lodging a development application for <a href="https://www.apartments.com.au/new-apartments/flourish-viver-87-griffith-street-coolangatta-qld-4225">Flourish Viveré</a>, a new $350 million project in Coolangatta.

The move comes after the group’s $27 million acquisition of the 2,029 sqm site on the corner of Griffith and Warner Street, last year.

They will develop 194 apartments across a 26-storey tower, which will become Sherpa’s largest project to date.

Viveré will be the next chapter in the Flourish story, following closely behind Amargo, Oasis, and the Avenues in Palm Beach, as well as Symphony in Brisbane, all designed to deliver affordable housing in lifestyle-rich locations, giving locals a real chance to secure a residence close to the beachfront.

The HAL Architect-designed project will offer a diverse range of residences, from one-, two, and three- bedroom apartments to the premium Canopy range to luxury penthouses.

<img alt="Vivere" data-entity-type="file" data-entity-uuid="c85f5a7e-a22f-4745-8def-400adb3c0b35" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-15%20at%209.53.43%E2%80%AFAM.png?VersionId=OY.chur3BPExn1exQ2q8clHqWnW_CaBi" />

“The Gold Coast is undergoing a period of immense growth, with more people drawn to the incredible 
lifestyle that’s available, leading to strong growth in property prices,” said Christie Leet, founder of Sherpa 
Group.

“Our goal at Sherpa is to ensure locals are not priced out of the market in prime locations, which is why we 
created the Flourish collection.

“Flourish Vivere will form the next chapter in our portfolio, and we are so excited to be lodging the DA, marking our first project in Coolangatta.”

A signature of the Flourish developments is the communal rooftop. Flourish Vivere will showcase a private resident’s lounge, outdoor dining with barbecues and pizza ovens, heated pool, fully-equipped gym, and a wellness centre with sauna and steam room.

<img alt="Vivere" data-entity-type="file" data-entity-uuid="c09372cc-aae6-4458-af2e-f291bd19a5e5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202026-04-15%20at%209.53.49%E2%80%AFAM.png?VersionId=Sc_RLXl5jiff.tnadogXjQJ_WIpDjf3p" />

The project is strategically located to offer a walkable lifestyle, with the Strand shopping centre, cafes, restaurants, shops and the beach, all just a short stroll away.

“We have meticulously planned Vivere to build on the Flourish legacy, creating a truly special project,”&nbsp;Leet added.

“Wellness, lifestyle and community are at the forefront of every decision we make, and that has not 
changed for Vivere.”

With the DA now lodged with the Gold Coast City Council, Sherpa has moved quickly to secure LPS Group as the builder, offering buyers a level of certainty that is rarely seen in today’s market.

Sherpa has delivered 16 residential projects over the past seven years with a pipeline of $1 billion, with more under construction.

Sherpa takes Flourish brand to Coolangatta, lays plans for Flourish Vivere 

S&amp;S Projects is boosting its investment at Rainbow Bay to more than $1 billion after the prolific Gold Coast developer acquired a new site for $20.25 million and immediately laid plans for a new luxury apartment project in the sought-after precinct.

The site, which is the company’s fifth acquisition at Rainbow Bay in the past four years, will be home to the company’s largest project to date after delivering 3 sold-out projects and construction progresses on Radia worth a combined $215m. 
S&amp;S Projects is currently finalising plans for its latest strategic acquisition, a 1,518 sqm site located 209-213 Boundary Street in Coolangatta, with a development application expected to be lodged within weeks.

The luxury residential development will build on the company’s highly successful projects at Rainbow Bay, comprising Flow, Awaken, Esprit and Radia, with Radia currently under construction by Hutchinson Builders.

“We have been unflinching in our commitment to Rainbow Bay and the transformation we have helped drive in this incredible part of the Gold Coast, which is among the city’s most desirable residential locations,” said S&amp;S Projects founder and director Paul Gedoun.

“Our fifth project will reflect the best of what we have done so far to create a lifestyle precinct that is second to none.”

The latest development, which has yet to be named, is proposed to accommodate 88 luxury apartments in a design that will immerse residents in a unique wellness lifestyle that expands on the legacy of S&amp;S Project’s earlier developments at Rainbow Bay.

The development will feature an expansive rooftop garden and wellness centre with a resort- style pool, among a host of lifestyle amenities planned for residents.

“Rainbow Bay, with its beautiful, protected beach and alongside one of the world’s best surf breaks at Snapper Rocks, is the natural wellness heartland of the Gold Coast,” said Gedoun.

“We are taking every advantage to create a truly unique rooftop wellness experience with a natural feel for residents, offering stone features throughout and an underlying theme that emulates a botanical garden.”

The latest acquisition comes as S&amp;S Projects is at the completion of Esprit and construction continues on Radia, which are part of their significant portfolio undertaken by the company at Rainbow Bay since 2022.

The $215 million Radia, which comprises 38 apartments, is currently the flagship development by S&amp;S Projects at Rainbow Bay which is expected to be completed in 2027.

Jayde Pezet, of Pezet Matheson, which has managed sales and marketing for S&amp;S Projects across their Gold Coast portfolio, emphasised the developer’s commitment to continuous improvement and excellence.

“S&amp;S Projects continue to elevate the benchmark of luxury with each development," Pezet said.

“We have worked with S&amp;amp;S on their 4 other projects in Rainbow Bay and their approach reflects a team that is constantly learning, refining, and pushing the standard higher.

“Their hyper-local knowledge and deep expertise within the luxury property sector are what truly set them apart, allowing them to deliver projects that feel both globally sophisticated and authentically connected to their coastal environment”

S&amp;S Projects plans to officially launch its latest project at Rainbow Bay in the second half of this year.

“As we embark on our largest project yet, we have pulled out all stops to create another landmark development that truly reflects the relaxed southern Gold Coast lifestyle,” Gedoun added.

S&S buys $20m Rainbow Bay site for fifth beachside apartment project

Japandi, an emerging design trend that combines Scandinavian functionality with Japanese rustic minimalism, remains relatively untested in Australia’s residential development market.

As developers look to differentiate their projects and offer something distinct to buyers, Brisbane-based developer Lantona has embraced the hybrid style for its recently launched Toowong apartment project, <a href="https://www.apartments.com.au/new-apartments/koya-residences-6-josling-street-toowong-qld-4066">Koya Residences</a>, with early response to the design proving positive.

Lantona entrusted Red Door Architecture and interiors practice Luma Design Co with delivering the Japandi brief. The approach blends Japanese minimalism with Scandinavian functionality, emphasising warm, restrained interiors, natural materials and clean lines. Drawing on the Japanese concept of wabi-sabi (beauty in imperfection) and the Scandinavian principle of hygge (comfort and cosiness), it creates serene, uncluttered and sustainable living environments.

These design principles are expressed throughout the Josling Street development, both in its exterior form and across the 40 one-, two- and three-bedroom residences within.

[smartcode_project:default project_id=150787 project_image_fid=366229]

Koya reflects a deliberately scaled approach, with the five-storey form designed to align with the surrounding residential streetscape rather than dominate it.

“Koya is conceived as a building that sits comfortably within its surroundings. Every decision, from material selection to spatial planning, has been guided by long-term liveability and enduring relevance,” the developer said.

[smartcode_project:default project_id=150787 project_image_fid=366243]

Positioned within an established inner-west neighbourhood, the development sits near riverfront parklands and the Bicentennial Bikeway, while remaining within walking distance of Toowong Village and multiple public transport options connecting to the CBD, St Lucia and West End.

Lantona said the location was central to the project’s conception, pointing to Toowong’s balance of green space, transport access and proximity to major education institutions.

“<a href="https://www.apartments.com.au/developments/toowong-qld-4066">Toowong</a> combines river access, walkability, immediate CBD connection and a strong educational presence. That balance made it the obvious setting for Koya.”

[smartcode_project:default project_id=150787 project_image_fid=366230]

Communal amenity is concentrated on the rooftop, where a shared retreat will include a pool, dining areas and outdoor spaces oriented towards neighbourhood and city views. The design allows for both private use and small gatherings, extending the living environment beyond individual apartments.

Koya enters the market at a time when smaller-scale developments are becoming less common in established suburbs, with many recent projects in the suburb shooting for the sky.

In a nod of confidence,&nbsp;<a href="https://www.apartments.com.au/builders/brisbane-builders">Brisbane Builders</a>&nbsp;has already commenced construction on the building, which is slated for completion in early 2027. Keenan &amp; Byrne is marketing Koya.

[smartcode_project_cta:default project_id=150787]

Japandi-inspired Koya Residences launch in Toowong

Teneriffe

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The iconic Giraffe Manor residence at Teneriffe has been listed for sale.

The 2.7 metre giraffe stands out of the front of the home at 37 Macquarie St, Teneriffe which last sold for $5.1 million in 2017.

The home has four bedrooms, a pool, cellar, rumpus and a kitchenette on the ground level.

The three-level home on 614sqm  has again been listed by Hamish Bowman and Matt Lancashire at Ray White New Farm.

When the original owners moved into the house seven years ago, a joke about a zoo-like enclosure on the front lawn resulted in the landscaper delivering a truckload of fake animals.
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The 2.7 metre giraffe stands out of the front of the home which last sold for $5.1 million in 2017.



jchancellor

Giraffe Manor at Teneriffe listed

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A Teneriffe apartment has been sold for $5.7 million, having last sold at $3.6 million in 2010.
Set in the popular One Macquarie, it was first sold in 2005 at $4.1 million.
<a href="https://www.realestate.com.au/sold/property-apartment-qld-teneriffe-134162478" target="_blank">The garden apartment</a> comes with four bedrooms, three bathrooms plus home office with a total space of 629 sqm. 
It was recently refreshed with various upgrades.
It was sold through McGrath.
There was a recent $6.02 million record price paid for another garden apartment in the complex of 34 apartments.
There are 17 private marina berths and 200m of riverfront boardwalk.
It was in 2009 when the project received the award for Residential Building (High-rise over Three Storeys) $30 million to $60 million at the Master Builders Queensland Awards.
It was developed by the Seymour Group, comprising four individual buildings, in partnership with Queensland-based construction company Watpac to produce a $130 million project.
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jchancellor-FAypfDUnLy

$5.7 million Teneriffe riverfront garden apartment sale

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A submarine-inspired luxury residential development has surfaced in Teneriffe. 
Developer Visie Properties announced the official launch of its newest project, the $20 million Obsidian residences.
Just completed and for sale now, the development is located just three kilometres down-river from the Brisbane city heart.
Visie CEO Warren Swanston said the project was receiving very strong off-the-plan sales enquiry levels from local buyers.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/5/4/1630_2.01_Interior_Kitchen_R003.jpg" alt="">
Designed by award winning architects Hayes Anderson Lynch, Obsidian reflects the riverside precinct’s rich maritime history. 
The building profile evokes a submarine’s cross-section – homage to 1940s history when the local wharves played a vital role in the war effort as a maintenance hub for the US Navy.
“The aim has been to create an architectural piece of art, intertwining generations by honouring Teneriffe’s history while pushing the boundaries in contemporary city living,’’ Swanston said. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2020/5/4/1630_2.04_Penthouse_Living_R003.jpg" alt="">
Obsidian features 13 luxury apartments including a collection of three and four bedroom residences and penthouses ranging in size from 160 to 300sqm and in price from $1.3 million to $2.6 million.
Apartments are characterised by the highest quality fixtures and fittings, connected spaces, spacious floorplans harnessing natural light and large balconies with city views. 
Penthouses offer expansive terraces, lofts, individual wine cellars, five-metre high ceilings, four car parks and 40 sqm storage space.
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j.ballantyne1990-6AQqhLzZaK

Teneriffe submarine-inspired apartments for sale

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The Teneriffe restaurant and bar space of Streetcorner Jimmy, in the London Woolstore building, has sold at auction for $1.34 million.
The ground floor commercial premises at 36i Vernon Terrace had strong interest from a range of different investor profiles
Bidding began at $1 million, with seven bids taking the final sale price to $1.34 million.
The sale reflected around a 7.3 per cent yield.
“We had more than 65 people enquire about the asset and that culminated in three registered bidders battling it out on the day,” Ray White agent Michael Feltoe said.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/9/17/36%20Vernon%20Terrace.jpg" alt="">    "Fundamentally, the investment ticked all the boxes, an unrivalled corner location in a high-traffic area and a landlord friendly lease to a high-quality tenant, who's performing exceptionally well."
The 140 sqm internal area and 75 sqm outdoor space has recently undergone an internal refurbishment, paid for by Streetcorner Jimmy, to create a rustic, urban space.
They restored the unique character features of the building, with complementing modern elements.
Streetcorner Jimmy have a five-year net lease until 2023 with a fixed four per cent annual increase.
They have options until 2034 and are currently paying $98,800 + GST per annum.
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jrobinson-rf4aSBido9

Streetcorner Jimmy premises in Teneriffe sells at auction

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The restaurant and bar space currently tenanted by Streetcorner Jimmy in Teneriffe's converted London Woolstore has been listed for sale.
The ground floor commercial premises at <a href="https://www.commercialrealestate.com.au/property/i-36-vernon-terrace-teneriffe-qld-4005-2015488394" target="_blank">36i Vernon Terrace</a> has recently undergone an internal refurbishment paid for by Streetcorner Jimmy to create a rustic, urban space.
They restored the unique character features of the building, with complementing modern elements.
Streetcorner Jimmy have a five-year net lease until 2023 with a fixed four per cent annual increase.
They have options until 2034 and are currently paying $98,800 + GST per annum.
<img class="m_-2767445539486946443cbT-content-image m_-2767445539486946443cbT-upload-drop-target" src="https://f.datasrvr.com/f1/019/16410/36_Vernon_Terrace,_Teneriffe_-_(7)-2.jpg" alt="" width="640">
The property has a 215 sqm building area, made up of 140 sqm internal and 75 sqm undercover outdoor dining area.
There's a secure park in the building's parking facility.
Ray White Commercial Queensland agent Michael Feltoe has a September 6 auction.
"Fundamentally, this investment ticks all the boxes, an unrivalled corner location in a high traffic area and a landlord friendly lease to a high quality tenant who is performing exceptionally well," Feltoe said.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/8/19/36%20Vernon%20Terrace%202.jpg" alt="">
The original Woolstore was designed in the early 1910's by acclaimed architect Robin Dods.
Walls &amp; Juster built the heritage-listed Vernon Terrace warehouse for Australian Mercantile Land &amp; Finance (AML&amp;F) who had purchased the land in 1910.
The original Hall &amp; Dods architectural plans included a second store, which was built around a decade later.
The property was sold in 1980 to Pacific Fire Protection, which used level three for customer storage, while leasing level four to TL Tourrier &amp; Co. Pty Ltd Woolstore.
The Brisbane City Council's Teneriffe Development Plan suggested recycling the buildings as a wool exhibition and tourist centre, however, in 2004, the Australian Property Growth Fund purchased the building and refurbished it to create 89 apartments.<a href="https://en.wikipedia.org/wiki/Australian_Mercantile_Land_%26_Finance_Woolstores#cite_note-2"> </a>
Push Architecture designed the redevelopment.
The Federation era, four storey, brick and timber warehouse is capable of storing 14,000 wool bales.
 
 
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Streetcorner Jimmy premises in Teneriffe's London Woolstore for sale

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Entrepreneur Jordan Grives is selling his Teneriffe apartment.
Grives paid $1.8 million for the three bedroom loft-style apartment just over 12 months ago shortly before selling his previous two bedroom apartment nearby.
Set in the Winchcombe Carson Woolstore, the top level apartment spans 265 square metres and has a built-on library, fully-equipped wet bar, a pool room, rumpus room and a large deck.
Ray White New Farm agents Matt Lancashire and Ben Percival have the listing.
Grives and his partner Amelia and their two Maltese cross poodles Ari and Coco are renting in New Farm.
Grives said they may build something, but will stay in Brisbane. 
Earlier this year Grives sold Fone Dynamics, the messaging and call analytics company he founded, for around $8.4 million.
In 2016 he pocketed $30 million when he sold his Fonebox enterprise to J2 Global, the NASDAQ-listed American internet services business.
This article was first published in the Weekend Australian. 
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firstname1-iYD4UYzvBa

Brisbane entrepreneur Jordan Grives to offload designer Teneriffe apartment

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A NSW investor has acquired a Teneriffe, Brisbane retail investment property.
It was the strata ground floor retail unit that houses The Dalgety Public House at 8-9/110 Macquarie Street.
It was bought for $1.91 million under the hammer through Ray White Commercial agent Michael Feltoe.
The campaign produced 67 inquiries. 
<a href="http://www.dalgetyhouse.com.au/" target="_blank">The Dalgety Public House</a> is a country-meets city gastropub in the base of the 1950s red brick Dalgety and Co’s no 3 Woolstore in Teneriffe.
It hasn’t been vacant in over 20 years, Feltoe said.
The property on the corner of Florence St, has a total area of 257 square metres. The sale realised a 7.21% yield.
It is on the ground floor of Teneriffe Village which is listed on the Queensland Heritage Register.
Built in the mid 1950s by Dalgety &amp; Co, the building housed Paddy’s Market in the 1980s.
The building was then converted into apartments and ground floor retail as part of an urban renewal process which saw Teneriffe officially become a suburb in 2010.
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Dalgety Public House gastropub in Teneriffe sold to NSW investor

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Brisbane's weekend clearance rate sat at 50 percent.
Its top weekend sale was a <a id="x_mcntLPlnk575404" href="https://www.realestate.com.au/property-house-qld-teneriffe-128312478" target="_blank">five bedroom Teneriffe offering</a>, Riverview that fetched $4,405,000.
There were seven registered bidders at the Sunday afternoon auction through McGrath agent Henry Hodge.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/5/4/bris2.jpg" alt="">
It last sold in 2007 at $3.4 million.
The Teneriffe Drive home was on a 700 sq m holding.
It was Teneriffe’s highest sale for a non-riverfront property in the past 12 years, Hodge said.
Nearby 61 Teneriffe Drive sold at $4.6 million in 2006.
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$4.4 million Riverview, Teneriffe Queensland sale

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A four bedroom riverfront Teneriffe house sold for $4.8 million at weekend auction making it Brisbane’s most expensive weekend result.
Located at <a href="https://www.realestate.com.au/property-house-qld-teneriffe-126138898" target="_blank">77 Macquarie Street</a>, it ranks among Brisbane’s most exclusive real estate.
Built in 2001, it last sold for $3.785 million in 2014 featuring three levels of riverfront living with views.
The master suite has a walk-in robe as well as ensuite along three other bedrooms.
There is also a study and multiple living areas.
The property has 365 sqm of riverfront allotment with 488 sqm of living space.
There are also TV room/library and outdoor area.
Other features includes three car lock up garage, garden and wine storage.
The property was offered through Ray White agents Matt Lancashire and Brandon Wortley for the real estate developer and horse enthusiast Jon Haseler.
Haseler, who owns leading stud Glenlogan and is the managing director of QM Properties, paid $3,785,000 for the home on the Macquarie Street riverfront in 2014.
The 490 sqm freehold residence with cutting edge design is one of 23 in the Catalina development.
The home comes with games room.  
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2017/08/15/TitleWA2.jpg" alt="">
 
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Riverfront Catalina, Teneriffe house, Catalina, sold for $4.8 million

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One of Brisbane's most renowned artists, Matt Stewart, and his award-winning hairstylist wife Anna have listed their Teneriffe apartment, artwork included.
The couple have spent 10 months completely <a href="https://www.realestate.com.au/property-apartment-qld-teneriffe-123944058">renovating the loft apartment</a> that cost them $432,000 in 2013.
Located in the Woolstore building, the one bedroom apartment now comes with a new kitchen, bathroom, lighting and hardwood flooring.
The mezzanine level features a master bedroom that is met by a home office, which can double as a second bedroom with a hideaway retractable bed.
The Cullen Hotel in Prahran in Melbourne was their inspiration for the renovation.
He said he couldn't take the art work with him because its a feature of the apartment.
Stewart said the batman mural is his favourite piece of artwork in the apartment that spans the entire living room wall.
One of his most recognisable pieces of art work in the Indian Headpiece that featured on The Block. A version hangs on the dining room wall.
Matt, who has done work for Megan Gale and Coca-Cola, is famous for his work with Disney, Cirque du Soleil and Tiger Beer.
His wife Anna is the owner of the White Gold Boutique.
Place New Farm agents Aaron Woolard and Anissa Lamond have a November 17 auction date.
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